Finally some wisdom from Schmidt that I can’t dispute: “If all you care about is having fun, you should go to college.”

You know, the Google chairman has a point. He did include a number of other reasons for attending college as well, but that was really just sugar coating:

If all you care about is money, you should go to college. If all you care about is culture and creativity, you should go to college. If all you care about is having fun, you should go to college. Go to college. I can’t be any clearer.

His comments were made during a session at last week’s SXSW (South by Southwest) Festival (via TechCrunch) in Austin, Texas, in yet another appearance to promote his book The New Digital Age.

Schmidt, a graduate of Princeton University (sounds fun), disputed the popular idea that a college education is no longer worth the expense given rising costs (while subtly making the case for more fun):

“There are various people who run around and make claims that higher education is not a good use of your time: they’re just wrong… The economic return to higher education over a lifetime produces significant compound greater earnings.”

While there are those who managed to make money like Facebook’s Zuckerberg, a Harvard dropout, and Apple’s Steve Jobs, another dropout, they are certainly the anomaly monetarily, but even they surely cashed in on the fun during those years.

Schmidt and his co-author also penned a lengthy op-ed published by The New York Timeslast week entitled “The Future of Internet Freedom” if you want to read more from the Google Chairman.